All articles tagged with #energydemand
The Biden administration plans to triple the US's nuclear power capacity by 2050, aiming to add 200 gigawatts through new reactors, plant restarts, and upgrades, as part of a strategy to meet rising energy demand with carbon-free sources. In the short term, the goal is to achieve 35 gigawatts of new capacity within the next decade.
Britain's economy is facing significant challenges due to a tenfold increase in applications to connect to the electricity grid, resulting in waits of up to 15 years, and local planning authorities that can block new construction for years. The semiconductor start-up Paragraf exemplifies the struggle, facing a £1 million cost to upgrade their power supply due to grid underinvestment. To reignite economic growth, analysts and lawmakers are advocating for accelerated electrical grid upgrades and easier planning approval for new construction. The government has announced measures to speed up planning approval and improve grid connection processes, but experts urge for more decisive action to meet investment needs and carbon emission reduction targets.